Zero Fraud Liability

Posted on Wednesday, 4th April 2012 by Nate Sawers

- WASHINGTON—A Miami-area resident pleaded guilty today for his role in structuring monetary transactions to provide cash for the furtherance of a fraud scheme that resulted in the submission of more than $200 million in fraudulent claims to Medicare, announced the Department of Justice, the FBI, and the Department of Health and Human Services .

ATC, Medlink, and ASI were Florida corporations headquartered in Miami. ATC operated purported partial hospitalization programs in seven different locations throughout South Florida and Orlando. A PHP is a form of intensive treatment for severe mental illness. ASI purported to provide diagnostic sleep disorder testing.

In pleading guilty, Acosta admitted that he worked with Lawrence Duran, one of the owners and operators of ATC, Medlink, and ASI, to use fake identities to create fake Medlink employees. T

Read more…

Tags: Fraud Scheme, Scheme
No Comments »

Posted on Tuesday, 3rd April 2012 by Archie Norton

Tamara here from the AllClear ID investigation team. Facebook users are being duped into divulging personal information by filling out a form to supposedly prevent their Facebook account from being disabled. The information they’re being asked ranged from their email address and Facebook password to the first six digits of their credit card number and type of card. Scammers then use that personal information to assume the victim’s Facebook profile and email. In doing so the thief can not only spread the scam, but can also obtain other personal and financial information to commit identity theft.

“Spammers and scammers sometimes create phony emails that look like they’re from Facebook,” as written on the Facebook Security home page. “These emails can be very convincing. Even the ‘F

Read more…

Tags: Facebook Users, Users
No Comments »

Posted on Sunday, 25th March 2012 by Archie Norton

Welcome to the Monday Morning News Kick Off post from the ITAC blog. What do the Iowa Caucus, Gene Simmons and Malcolm Xs daughter all have in common? They are popping up in major stories about cyber security, data breaches and identity theft right now. Who would have thought that a simple blog that focuses on identity theft would have so much celebrity new to share? So, check out these stories and more in the following post. Happy Monday!

Iowa Caucus Polling System Threatened By Hackers Republican Party officials in Iowa are taking new steps to secure their vote counting systems after an anonymous threat suggested computer hackers could attempt to disrupt next months presidential nominating caucuses.

Read more…

Tags: Daughter, Iowa Caucus, Malcolm X, Morning News Kick
No Comments »

Posted on Wednesday, 21st March 2012 by Admin

When you want to obtain savings rates that fit your needs, it often requires that you earn to not spend money once you have decided to save it. A lot of organisations that provide savings accounts have a limit on the amount of money that you can withdraw. Not to mention, a lot of these companies will not let you withdraw your money or close your account at all until the term of your account has ended.

Individuals who want to earn the highest interest on their saved money should consider savings accounts that are more long term. Short term savings accounts do not earn that much interest and can reduce the amount of money that you are able to make. How can you find investment account rates that tailor to your needs?

The Internet provides a wealth of information that you can use to find savings account estimates to fit your needs with just a few clicks? Read more…

Tags: Rates
No Comments »

Posted on Wednesday, 21st March 2012 by Archie Norton

On March 13^th it was discovered that three University of Tampa data files were accidentally made accessible to the public putting students and faculty at risk.

The files included personal information, including Social Security numbers and photos of over 36,000 past and present students and faculty members.  

One files contained 6,818 records of Fall 2011 students. The other two files contained information about nearly 29,540 faculty, staff, and students from January of 2000 through July 2011.

University of Tampa says there is no evidence of any fraud at this time.  They have decided to pay for each potentially impacted individual to sign up, if they desire, for fraud alert services with a national identity protection service. T

Read more…

Tags: Tampa
No Comments »

Posted on Sunday, 18th March 2012 by Nate Sawers

Uranium stocks got hammered last year in the wake of the Fukushima disaster.

But now, roughly one year later, uranium mining stocks have finally begun to bounce back… just like we told you they would.

After getting pummeled in 2011, shares of Cameco Corp. (NYSE: CCJ) – the world’s second-largest uranium miner – are up 32% year-to-date.

Meanwhile, Uranium Resources Inc. (Nasdaq: URRE) and Uranium Energy Corp. (AMEX: UEC) are each up about 30% since the start of the year. And the Global X Uranium ETF (NYSE: URA) is up 25%.

But that’s just the beginning.

These stocks are all still about 50% below where they traded prior to Japan’s disaster.

And rising demand for nuclear energy and a dearth of uranium supplies will soon conspire to push these companies back to their pre-Fukushima levels.

You see, uranium miners cannot expand their operations – or even tread water – with uranium prices at $50.00-$60.00 per pound like they are currently. Read more…

Tags: Uranium, Uranium Energy
No Comments »